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There is joy in the Kremlin after the EU's decision on financing Ukraine


Dmitriev wrote in a message on the X platform that the decisions of the EU summit in Brussels, adopted on the night from Thursday to Friday, are a “blow to the warmongers.”

What financial support will Ukraine receive?

Who is responsible for aid to Ukraine?

What were the alternatives to lending to Ukraine?

How many EU Member States like this decision?

“A serious blow to the EU warmongers led by the loser Ursula – the voices of reason in the EU BLOCKED the ILLEGAL use of Russian reserves to finance Ukraine,” he announced, referring to European Commission President Ursula von der Leyen.

Loan to Ukraine. European leaders have made a decision

Financing further support for Ukraine, which has been fighting Russian aggression for nearly four years, from a common debt was one of two options – apart from the use of frozen Russian assets – proposed by the European Commission. However, the idea of ​​taking out a debt was considered unrealistic due to the difficulty of obtaining unanimity. The preferred solution by most capitals was to use the assets of the Russian central bank, frozen since the Kremlin's full-scale invasion of Ukraine in 2022.

However, European leaders gathered at the summit in Brussels decided on the night from Thursday to Friday to provide Ukraine with support in the form of a loan of EUR 90 billion for the next two years. It will be financed from common debt guaranteed by the EU budget. This decision was mainly due to the position of Belgium, where most of the frozen Russian assets are located. The country's prime minister, Bart de Wever, demanded unconditional security from other member states. No agreement was reached on this matter.

The loan is to be granted urgently. Ukraine will repay it only after Moscow pays reparations to Kiev in the form of assets to cover this obligation. At the same time, EU countries authorized the European Commission to continue work on a reparations loan based on immobilized Russian assets.

Von der Leyen announced that the decision to secure the loan with the budget was made unanimously, and that 24 member states will take out a common debt to finance the loan to Ukraine. Hungary, Slovakia and the Czech Republic will not do this.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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